---
title: "What Is Net Lease? | Calibre Glossary"
description: "A net lease is a commercial lease in which the tenant pays base rent plus some or all of the property's operating and maintenance expenses, such as taxes,."
url: https://calibre.multisites.ai/glossary/net-lease
publisher: Calibre Commercial Inspections
phone: "+1-208-305-6245"
email: Schedule@CalibreCBI.com
---

Leases and transactions

# Net Lease

A net lease is a commercial lease in which the tenant pays base rent plus some or all of the property's operating and maintenance expenses, such as taxes, insurance, utilities and common-area maintenance.

## Why it matters

Net leases come in single, double and triple net forms depending on how many expense categories the tenant pays. The lease language decides responsibility for roofs, structure and major systems. Review those clauses against the building's actual condition.

Source: [law.cornell.edu](https://www.law.cornell.edu/wex/net_lease)

[Related Calibre serviceNNN Lease Inspections](https://calibre.multisites.ai/cre-services/nnn-lease-inspections-triple-net)

## Where we discuss it

-   [NNN Lease Baseline Inspections: Day-One Condition](https://calibre.multisites.ai/cre-inspector-insights/nnn-lease-baseline-inspections-day-one-condition)

## Ready for your next inspection?

Tell us about the property and your timeline. We will scope the right report and send a proposal.

[Request a proposal](https://calibre.multisites.ai/request-proposal) [(208) 305-6245](tel:+12083056245)